Overseas Company Club Account - US dollar

Credit Interest Rates

Current Interest Rates

Interest rates are correct as at 21 November 2008

Interest on Credit Balances (paid half yearly) % Per Annum Gross Rate* % Per Annum AER**
Up to $2,000 Nil Nil
$2,000+ Nil Nil
$5,000+ Nil Nil
$10,000+ Nil Nil
$25,000+ Nil Nil
$50,000+ 0.10 0.10
$100,000+ 0.15 0.15
$250,000+ 0.25 0.25

Previous Interest Rates

Interest rates are from 31 October 2008

Interest on Credit Balances (paid half yearly) % Per Annum Gross Rate* % Per Annum AER**
Up to $2,000 Nil Nil
$2,000+ Nil Nil
$5,000+ Nil Nil
$10,000+ Nil Nil
$25,000+ Nil Nil
$50,000+ 0.10 0.10
$100,000+ 0.15 0.15
$250,000+ 0.30 0.30

*GROSS RATE: The contractual rate of interest payable before deduction of income tax at the rate specified by law.

**AER - AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advert for a savings product will contain an AER you can compare more easily what return you can expect from your savings over time.